Financial Markets Associations
Many financial markets Industry Associations create industry benchmarks for a range of OTC instruments, collecting data from their members and using third party data vendors to act as the “calculating agent” to process the rates. The Association provides the governance around the process of who can contribute and the policies surrounding the collecting, processing and validation of data.
GRSS can assist Financial Markets Associations, and other organisations that are now
considered as Benchmark Administrators to meet their future objectives.
Our experienced team consists of current and ex-Financial Market Association
staff who understand the issues being faced and in many cases have implemented
Benchmark data licencing regimes and operated in regulated environments.
GRSS can provide advice on a wide spectrum of options that are available to the
Benchmark Administrator to continue in this role or to divest its responsibilities.
Dependent on the Benchmark Administrators future objectives, GRSS can provide;
- Full Benchmark Administrator capabilities
- Calculating Agent systems and collection mechanisms including transactional data
- Benchmark Data Licencing solutions – to assist the funding of future activities
- Advice on regulatory activity and trends based on our unique global perspective